WSCWillScot Holdings Corporation

$3B

Q3 2019 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$272M+24.4% YoY

Gross Profit

$103M38.0% margin

Operating Income

$30M11.2% margin

Net Income

$489,0000.2% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

-$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.1B

Stockholders' Equity

$621M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$272M	$219M	+24.4%
Gross Profit	$103M	$81M	+27.8%
Operating Income	$30M	$211,000	+14307.1%
Net Income	$489,000	-$34M	+101.5%

Revenue Segments

Leasing and Services

$253M35%

Modular Leasing

$191M27%

Modular Space Leasing

$132M18%

Modular Delivery and Installation

$62M9%

Value-Added Product and Services

$41M6%

Other Leasing Related Products and Services

$13M2%

NewUnitsMember

$12M2%

RentalUnitsMember

$8M1%

Portable Storage Leasing

$6M1%

Value Added Services

$4M1%

Geographic Segments

UNITED STATES

$249M91%

CANADA

$19M7%

MEXICO

$4M1%